Maverix Metals Inc. T.MMX

Entered Today

[MrOptimist]

Bought MMX on weakness today. Looking for a long term hold. I am not expecting anything crazy in the short run, but I feel like this could generate a ton of value in coming years because of their growing royalty portfolio. Increasing metal prices make a lot of these mines feasible when they might not have been a year or two ago. Both top and bottom line growing also. This should be an outperformer over the next few years - just my opinion though.

[ugluuak]

Pretty much sums it up for me as well.When MMX started up with the PanAmerican stream deal I bought in fairly agressively and have been adding all along. Hold a chunk of PAAS as well. One thing is these miners are all sort of aligned with one another, O K O K, buddy buddies. Both Newmont PanAmerican have decided to go big in Maverix. Has a lot to do with who is who and where this Royalty is going.

[MrOptimist]

Definitely, I dont hold PAAS, but I am familiar with them from holding EQX. Its encouraging seeing Newmont taking equity stakes in MMX for the royalties. Again, I'm not expecting anything soon, but I think this will be a long term winner! Bet on the jockey, as they say. Also, the dividend should be a lot higher in coming years. Glta